Arab Republic of Egypt : review under the extended arrangement under the extended fund facility, and requests for a waiver of nonobservance of a performance criterion and for modification of a performance criterion : press release; staff report; and statement by the Executive Director for the Arab Republic of Egypt
International Monetary Fund
Macroeconomic conditions have continued to improve during 2017/18, with external and fiscal deficits narrowing, inflation and unemployment declining, and growth accelerating. The near-term growth outlook is favorable, supported by the recovery in tourism and rising natural gas production, while the current account deficit has fallen below 3 percent of GDP and gross international reserves stood at 7 months of prospective imports at end-May. Inflation is expected to temporarily rise in 2018/19, reflecting increases in fuel and electricity prices, but the monetary policy stance appears appropriate to contain second-round effects. The government debt ratio is projected to decline markedly in response to fiscal consolidation and high nominal GDP growth
Year of publication: |
July 2018
|
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Institutions: | Internationaler Währungsfonds (issuing body) |
Publisher: |
Washington, D.C. : International Monetary Fund |
Subject: | Schuldenmanagement | Debt management | Wirtschaftslage | Macroeconomic performance | Ägypten | Egypt |
Saved in:
freely available
Extent: | 1 Online-Ressource (circa 81 Seiten) Illustrationen |
---|---|
Series: | IMF country report. - Washington, DC : IMF, ZDB-ID 2390611-X. - Vol. no. 18, 213 |
Type of publication: | Book / Working Paper |
Type of publication (narrower categories): | Graue Literatur ; Non-commercial literature |
Language: | English |
ISBN: | 978-1-4843-6699-8 |
Other identifiers: | 10.5089/9781484366998.002 [DOI] |
Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10011916062
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